T2108 Update – September 21, 2011
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 26% VIX Status: 37 General (Short-term) Trading Call: Hold. Commentary The S&P 500 fell 2.9% and returned … Read more